BlackRock news and archive

BlackRock reportedly preparing to take stake in Vinted

Investment management firm BlackRock is believed to be circling a stake in Vinted as part of a deal that would value the fashion resale platform at around eight billion euros (seven billion pounds). According to SkyNews, BlackRock is among a string of new investors that are said to have agreed to participate in the company’s secondary share...

Retail

John Lewis to open in Cheltenham

John Lewis has announced that it plans to open a new department store in Cheltenham in 2017. The 30 million pound development will see John Lewis opening a 115,000 square foot store set across two floors, which will take over the entire Beechwood Shopping Centre in the city. The development has already seen current retailers including Next,...